Part 1 : The Advantages of Joint Ventures

The Advantages of Joint Ventures 

Assume we have two Internet marketers who are acquainted with one another. One has a fantastic product that will sell extremely well, but he has no mailing list, affiliates, or anything else. The other is an excellent marketer with tens of thousands of email subscribers, but he has nothing to offer them. The obvious option is to give the goods to a great marketer with many contacts and divide the revenues. This is the essence of Joint Ventures, my friend. 

As more people start their home-based enterprises online, the market will become increasingly saturated, and competition will heat up by the minute. Joint ventures are the quickest, most effective, and simplest way to develop your online company empire. In other words, collaborate with other marketers to sell your product. 

When you collaborate with another marketer, you can ask him (or her) to send an endorsement of your product to his current mailing list, eliminating the need to recruit subscribers from scratch. You already have a target market that is easily accessible. The key is to select the proper marketer whose subscribers are likely to be interested in your goods. You won't even have to bother about generating traffic to your sales letter or finding affiliates to market your product once you've accomplished that. Everything has already been done for you. 

When you form a partnership with a well-known player in the field, your perceived value and reputation skyrocket because if this well-known player is prepared to work with you as a team, you must have some substance! As a result, if you can arrange a joint venture with someone who is a "regular player" in your specialized industry, your standing will suddenly shift from "total newbie" to "guru status"! 

Last but not least, you will have the opportunity to establish a long-term relationship with a prominent figure in your specialized industry, which is worth far more than the revenues you will earn from that one Joint Venture. When you have a dominant figure in the market as a buddy, you will acquire several advantages and benefits that no rookie like you could ever obtain, such as new insights into exciting product ideas and marketing methods. You can't even get that for cash!

So, start looking for a possible Joint Venture partner and do your best to persuade him or her to work with you!